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If Every Time Disposable Income Increases by $5 Billion,consumption Increases

question 85

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If every time disposable income increases by $5 billion,consumption increases by $4 billion and saving increases by $1 billion,the MPC and MPS are,respectively,


Definitions:

Explicit Rules

Clearly defined, written or spoken guidelines that dictate behavior or procedures within a group or society.

Interpersonal Communication

The process of exchange of information, feelings, and meanings between two or more people through verbal and/or non-verbal methods.

Richness

In communication theory, refers to the depth and complexity of information that communication mediums are capable of conveying.

Communication Channel

The medium through which a message is transmitted from sender to receiver, such as verbal, nonverbal, written, or digital.

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